The trading business is similar to most businesses that
buy and sell inventory. In trading you take a position
in a contract at a price you deem favorable for future
improvement. Then, if the contract (your inventory)
improves in price, you can sell it for a gain.
However, if the contract you purchased fails to move in your
direction and the price moves against you, you may take a
loss.

Some differences between the trading
business when compared to other small businesses:

1. The cost to get started.
Many business franchises can cost $20,000 or more, just
for the franchise fee. Then you have leases to sign,
employees to hire, inventory to stock, etc. This can
easily add up to $250,000 or more just to get started.
On the other hand, if you have a decent computer, you can
open a futures trading account with $1000 and get started
trading.

2. The number of risk variables. Business
demand can wane, inventory can become obsolete, spoil, or be
stolen, etc. However, with trading, the price moves
for you or against you, not much else matters.

3.
The degree at which you can control risks.
For most small businesses you can control some risks by
limiting your exposure, your inventory, etc. But as
stated above, so many other risks can sink a small business.
With trading (if you have good self-discipline and risk
management), you can greatly manage your risk by also
limiting your exposure (number of contracts) and by using
stop loss orders. On some days after assessing market
conditions, you can even decide to not trade that day.
You can also employ automated trading strategies such as
TMAT to help you trade more successfully.

Think of
TMAT as a tool. As with any business you need tools,
office machines, hand tools, a commercial oven, a bulldozer or
whatever. Having the "right tools" can obviously help
you achieve a more successful outcome. More
importantly, having the right tools and "knowing how to use
them" can greatly increase your chances of success.
That being said, TMAT was designed to be the easiest
full featured "customizable"
automated/semi-automated trading strategy available today on
the NinjaTrader platform.

TradersMojo proudly offers
the TMAT series of NinjaTrader add-ons in an effort to help
you improve your trading. While there is no guarantee
of success when trading with TMAT or any other tool, we
firmly believe that TradersMojo products can help many
traders trade better and make their trading business a
successful one.

Traders Mojo 2007 All Rights Reserved.

The
risk of loss in trading, automated trading, or any type of trading
"online or otherwise" can be substantial. Before you begin to
trade stocks, futures, options, currencies, etc. you should familiarize
yourself with the risk before you begin. Trading of any type may not
be suitable for you and there are absolutely no guarantees of success. We do NOT offer
account management services on this website. Before trading with
the brokerage of your choosing you must read their relevant
risk disclosure statements, warnings, and disclaimers.